Windhoek Observer

Niël Terblanché The Governor of the Bank of Namibia, Johannes !Gawaxab, said that Namibia's stability and predictability are the major factors that attract investors in today's uncertain global economic climate. He made these remarks during a meeting with an audience of bankers, analysts, and representatives of the London Stock Exchange in London on Thursday. !Gawaxab stressed Namibia’s political stability and significant natural resources as pivotal elements of the country's developmental agenda. "Namibia's modern financial system and well-developed legal regime contribute significantly towards building investor confidence," he said. Despite facing domestic challenges like the drought, Namibia remains resilient, !Gawaxab said Namibia…

Niël Terblanché The Electoral Commission of Namibia (ECN) has officially registered the Action Democratic Movement (ADM) and Affirmative Repositioning (AR) as political parties that will participate in the Presidential and National Assembly Elections in November. The official registration was confirmed by the ECN’s Chief Electoral and Referenda Officer, Petrus Shaama, after a rigorous process as prescribed by the Electoral Act 5 of 2014. Shaama said that upon receiving an application, the Electoral Commission conducts a due diligence verification process. If the application meets all requirements, a notice is published in the Government Gazette to allow for objections. Objections can be…

Stefanus Nashama Musician Lazarus ‘Gazza’ Shiimi has come under fire after criticising opposition parties for not giving drought relief food to the people and developing the country. Popular Democratic Movement (PDM) spokesperson, Hidipo Hamata says Gazza is making the mistake of scratching where it doesn't itch. “As a movement, we are not concerned about Gazza. We see him as a musician trying his best to survive. If he wants another N$2.5 million, he should ask his party directly, without dragging other political parties into it as collateral, because there was no collateral when he received that money initially,” Hamata said.…

Stefanus Nashama The Independent Patriots for Change (IPC) has dismissed allegations contained in a letter circulating on social media purporting that the party is a British-funded entity. The party’s spokesperson, Immanuel Nashinge, on Thursday in a statement, said the letter dated 25 May was fake and meant to fabricate all sorts of deceptions and innuendos. “The IPC strongly condemns what has now become a norm for political opponents to fabricate lies, forge documents and distribute fake news to tarnish the integrity of the IPC. We challenge our political opponents to engage in mature political campaigns, comply with the code of…